Cash takes reigns of school system officially - WMC Action News 5 - Memphis, Tennessee

Reported by Andrew Douglas

Cash takes reigns of school system officially

Memphis City Schools' new superintendent signed his contract Monday night, including a clause that will let him walk away.
 
It is a four year deal worth $280,000 a year after salary, retirement and benefits are added together.

With his signature, Dr. Kriner Cash became Memphis City Schools twelfth superintendent with an ambitious week ahead.

"I got 60 questions I have to ask staff over these next three days. It's going to be the most intense questions they've had in their career," Cash said. 

The idea is to understand where the district is six weeks before school .

His contract starts July 1st. With his base salary, retirement, car allowance, and benefits, Dr. Cash will make about $280,000 a year plus performance based incentives that will be agreed upon with the school board.

One of the most interesting aspects of his contract is the buyout clause. If the board votes him out before July 2010, he gets 18 months salary or about $420,000. After July of 2010, it is 12 months salary worth $280,000.

Same deal if Memphis City Schools merge or consolidate. He gets an 18 month severance before July 2010 and a 1 year severance after that date.

The schools will not have to pay a dime if there is termination for just cause like insubordination or if he resigns or retires.

But the concern right now is not about a severance package, the concern is funding the school system.

He has said he will come up with two plans. One if they get funding, another if they do not. 


Click here to e-mail Andrew Douglas.

  • Trending StoriesTrending StoriesMore>>

  • Sheriff: School officer never went inside to confront gunman

    Sheriff: School officer never went inside to confront gunman

    Thursday, February 22 2018 1:14 AM EST2018-02-22 06:14:16 GMT
    Thursday, February 22 2018 11:28 PM EST2018-02-23 04:28:03 GMT
    (AP Photo/Gerald Herbert). Mourners hug as they leave the funeral of Alaina Petty, in Coral Springs, Fla., Monday, Feb. 19, 2018.  Petty was a victim of Wednesday's mass shooting at Marjory Stoneman Douglas High School. Nikolas Cruz, a former student, ...(AP Photo/Gerald Herbert). Mourners hug as they leave the funeral of Alaina Petty, in Coral Springs, Fla., Monday, Feb. 19, 2018. Petty was a victim of Wednesday's mass shooting at Marjory Stoneman Douglas High School. Nikolas Cruz, a former student, ...

    The students who swarmed Florida's state capitol in the wake of Marjory Stoneman Douglas High massacre face pushback in Legislature.

    More >>

    The students who swarmed Florida's state capitol in the wake of Marjory Stoneman Douglas High massacre face pushback in Legislature.

    More >>
  • 'Heartbroken' Kenworthy visits South Korean dog meat farm

    'Heartbroken' Kenworthy visits South Korean dog meat farm

    Friday, February 23 2018 3:05 AM EST2018-02-23 08:05:09 GMT
    Friday, February 23 2018 7:48 AM EST2018-02-23 12:48:10 GMT
    (AP Photo/Ahn Young-joon). In this Friday, Feb. 23, 2018, photo, American freestyle skier Gus Kenworthy, left, and his boyfriend Matthew Wilkas watch dogs in cages at a dog meat farm in Siheung, South Korea. Kenworthy saved five stray dogs during the S...(AP Photo/Ahn Young-joon). In this Friday, Feb. 23, 2018, photo, American freestyle skier Gus Kenworthy, left, and his boyfriend Matthew Wilkas watch dogs in cages at a dog meat farm in Siheung, South Korea. Kenworthy saved five stray dogs during the S...

    The Associated Press joined American freestyle skier Gus Kenworthy on a tour of a Korean dog meat farm that's about to be shuttered by the Humane Society International.

    More >>

    The Associated Press joined American freestyle skier Gus Kenworthy on a tour of a Korean dog meat farm that's about to be shuttered by the Humane Society International.

    More >>
  • Police: father killed 5-year-old son, buried him in backyard

    Police: father killed 5-year-old son, buried him in backyard

    Friday, February 23 2018 5:09 AM EST2018-02-23 10:09:31 GMT
    Friday, February 23 2018 5:09 AM EST2018-02-23 10:09:31 GMT
    Police said a father beat his 5-year-old son to death with a shovel Wednesday, and then buried him in a backyard. (Source: WGCL/CNN)Police said a father beat his 5-year-old son to death with a shovel Wednesday, and then buried him in a backyard. (Source: WGCL/CNN)

    Police said a father beat his 5-year-old son to death with a shovel Wednesday, and then buried him in a backyard.

    More >>

    Police said a father beat his 5-year-old son to death with a shovel Wednesday, and then buried him in a backyard.

    More >>
Powered by Frankly